SUPPLEMENTAL CASH FLOW & OTHER DATA

9 Months Ended

Sep. 30, 2022

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW & OTHER DATA

SUPPLEMENTAL CASH FLOW AND OTHER DATA

    Supplemental cash flow and other data for the three and nine months ended September 30, 2022 and 2021 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Depreciation expense	$	81	$	76	$	240	$	225
Amortization expense	27		25		81		77
Depreciation and amortization expense	$	108	$	101	$	321	$	302
Interest expense	$	(37)	$	(38)	$	(112)	$	(114)
Interest income	4		—		6		—
Interest expense, net	$	(33)	$	(38)	$	(106)	$	(114)
Interest paid	$	32	$	33	$	110	$	111
Income taxes paid	$	5	$	187	$	187	$	522
Accounts payable associated with capital expenditures	$	30	$	24	$	30	$	24
Accounts payable associated with purchases of treasury stock	$	26	$	—	$	26	$	—
Dividends payable	$	75	$	77	$	75	$	77
Businesses acquired:
Fair value of assets acquired	$	—	$	20	$	143	$	254
Fair value of liabilities assumed	—		—		15		3
Fair value of net assets acquired	—		20		128		251
Merger consideration payable	—		—		(18)		—
Cash paid for business acquisitions	—		20		110		251
Less: Cash acquired	—		—		4		—
Business acquisitions, net of cash acquired	$	—	$	20	$	106	$	251
Leases:
Leased assets obtained in exchange for new operating lease liabilities	$	49	$	46	$	133	$	115

    

    During the nine months ended September 30, 2022, the Company amended a real estate lease and, based on the updated terms, the classification of the lease changed from a finance lease to an operating lease. As a result, the Company recorded a $31 million operating lease right-of-use asset.